Reuters news April 16th, Baltic Exchange Dry Index rose on Thursday, rising because of the large ship freight.

Dry bulk freight rate index reported 593 points, up 7. The index is a measure of iron ore, cement, grain, coal and fertilizer resources such as transportation costs.

The Baltic Capesize Index rose 27 points, or 5.47%, at 521 points. The average daily profit rose $169, to $4656. Typically this type of ship carrying capacity of 150000 tons.

Baltic Panama ship freight index rose 10 points, at 636 points, the average profit rose $79, to $5076. Typically this type of ship carrying capacity of 6-7 million tons.

The Baltic Handymax index fell 2 points, at 360 points. Ship Supramax index rose 4 points, at 612 points.